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In this report Brodsky pays tribute to the teaching staff and the Registrar who have all done more than their duty. Brodsky writes philosophically about the art of music. He thanks the Principal of Owens College for establishing links between the 2 colleges. Dr. Pyne, Dr. Watson and Brodsky himself have been appointed lecturers at Owens College. A former student, Miss Wormald, has been appointed as singing teacher at the College. Miss Anna Hallé, sister of the former Principal, has been appointed teacher in German as the singing students did not have good German pronunciation. Brodsky concludes with mention of the Sustentation Fund, to thank the old friends of the fund, the Misses Gaskell, Mrs. Briggs, Miss Warburg and others. Mrs. John Webster's gift of 700 pounds will enable the College to have a scholarship or exhibition of 20 pounds a year for the violin, or the 'cello.